Last week, an NFT trader named Todd Kramer made a simple plea on Twitter.“I been hacked,” he wrote. “All my apes gone. This just sold please help me.”Kramer was referring to his cache of Bored Ape Yacht Club non-fungible tokenss – now the single most valuable franchise of crypto collectibles. They’ll run you about $276,000, at the cheapest, and Kramer had eight of them, along … [Read more...] about Ape Theft Is an Expensive Way to Learn About Crypto’s Security Philosophy
Expensive
SuperRare has fewer buyers, but they purchase more expensive NFTs, data shows
Nonfungible token (NFT) marketplace SuperRare has set a new monthly record of $31.4 million for total sales volume with a week to spare until the end of October, according to Dune Analytics. SuperRare is a single-edition Ethereum NFT marketplace where collectors can purchase a blockchain deed of ownership for digital items such as memes, videos or artworks. The monthly sales … [Read more...] about SuperRare has fewer buyers, but they purchase more expensive NFTs, data shows
‘Beeple’ NFT sold for $69 million is the fourth most expensive artwork sold by a living artist
Is money even real anymore? The NFT sector is making it seem soBeeple’s big dayOne of the world’s most expensive art pieces was sold by auction house Christie’s yesterday—a non-fungible token (NFT) art by digital artist Mike Winkelmann, popularly known by his online persona ‘Beeple.’It is now the world’s third most expensive piece to be sold by a living artist..@beeple's piece … [Read more...] about ‘Beeple’ NFT sold for $69 million is the fourth most expensive artwork sold by a living artist